encosta de lago-acquistoDay 1 Top Lot Encosta de Lago-Acquisito
(Photo : Inglis Bloodstock)

megan romeynMegan RomeynBucking the international financial chaos that has dominated world markets over the past week, the 2009 Inglis Melbourne Premier Yearling Sale has once again proved that thoroughbred investments are viable financial commodities in these uncertain times.

Day one of the sale ended with Champion sire Encosta de Lago proving to be the top seller as his colt out of the unraced Acquisito (Zeditave), a half-sister to the Stakes winning Make Me A Miracle, fetched the top price of $170,000 for Blue Gum Farm.

As expected Exceed And Excel set the best sire’s average with three yearlings returning an average of $120,000. There was considerable interest in his offspring, and the recent victory Reward For Effort in the Blue Diamond Stakes (Gr.1) certainly helped his cause. Another stallion who has attracted good interest is Commands, whose yearlings have averaged $85,417.

South Africans have been active at the sale, with Mike Bass, trainer of Pocket Power, securing a colt for $50,000 by the son of Redoute’s Choice, Not A Single Doubt, out of Park Heiress (Sadler’s Wells). Heritage Bloodstock snapped up a filly by sire of the sale, Exceed And Excel, out of Lulworth Cove (In The Wings) for $165,000 and a colt by General Nediym out of Belle’s Best (King’s Best) for $50,000.

Day two yielded a new sale topper with the hammer finally dropping at $365,000 for a Redoute’s Choice colt boasting an impeccable pedigree. The colt is out of Celtic Reign (Woodman), a half sister to tripple Melbourne Cup winner and two time Australian Horse Of The Year Makybe Diva.

Meanwhile the boss and Kerry have been kept busy vetting the vast number of lots on offer with a few astute purchases, I’m sure. We will keep you updated as the information trickles in.